$BTC The market is the best teacher. The core of successful trading lies in: decisively following through when breaking out, timely taking profits under pressure, and resolutely changing direction when breaking down. Remember: those who adapt and respond survive, while those who adhere stubbornly to their views perish. The true art of trading lies in keenly interpreting market signals and responding quickly, rather than mechanically executing a predetermined plan. This ability to dynamically adjust is key to distinguishing mediocre traders from exceptional ones. After Ethereum touched a low of 2565 in the early morning, it welcomed a bullish rebound, with the price reaching a high of 2603 before slightly retreating to around 2590. The idea of going long around 2560 suggested by the Midnight Cloud Deer also has nearly 40 points of winning space.
On the 4-hour level, the MACD double lines are converging, and the RSI has risen to the neutral zone at 52. The 2600 neckline has become a key resistance, while the 2575-2560 range constitutes a support zone. One must be cautious that if there is a significant drop below 2560, it will trigger a deeper correction. It is recommended to maintain a range trading approach and strictly control operations with light positions before breaking the key level of 2600.
Ethereum suggestions: Light long at 2580-2590 (stop loss at 2570), add positions on a pullback to 2575-2580 (stop loss at 2560), and look for 2620-2630 if breaking above 2605; short on the first touch of 2620-2630.